Barclaycard Rewards (good credit)

For this survey, Bankrate.com examined 54 cash-back cards from 21 of the largest issuers in April 2013. Rewards are subject to change. Check with the institution for the latest information.

With the Barclaycard Rewards, rewards points can be used to pay yourself back as a statement credit for purchases made within the last 90 days, or they can be redeemed for a cash-back statement credit, redeemed for gift cards or redeemed for merchandise.

Barclaycard Rewards

Annual fee

$0

Intro bonus

Receive 2,500 bonus points after your first purchase.

Reward formula

Earn 2 points per $1 on gas, groceries, and utilities, and 1 point for every $1 spent on everything else.

Cash-back ratio*

1% (2% on gas, groceries, utilities)

Expiration period on rewards

None

Intro purchase APR

0%

Intro purchase APR length

6 months

APR

24.99%

Notes:

You can use your points to: (a) pay yourself back as a statement credit for purchases made within the last 90 days, (b) redeem for a cash-back statement credit, (c) redeem for gift cards or (d) redeem for merchandise.

Minimum redemption: $25, which equals 2,500 points and increases accordingly. Point redemption values may be different for merchandise or gift cards depending upon merchant requirements.

*The cash-back ratio lists the rate or rate of returns offered on transactions.

Bankrate.com examined 54 cash-back cards from 21 of the largest issuers. The survey was conducted April 8-18, 2013. Rewards are subject to change. Check with the institution for the latest information.

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